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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The American EV manufacturer is reportedly trimming production output at Giga Shanghai.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Ford to unveil radical new business plan to improve quality and profitability

Teslarati

The scheme began last year as the automaker split into three segments covering ICE, EV, and commercial products, but at an upcoming meeting, the rest of the changes will be revealed. The meeting is scheduled for February 15th at the Auto Consumer Conference 2023 in New York City. A change in business plan should come as no surprise.

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BYD launches 4 models in Jordan, its 1st stop in Middle East

CN EV Post

BYDDY.US | BYD HK (Image credit: BYD) BYD (OTCMKTS: BYDDY) officially launched its vehicle offerings in Jordan, following its partnership with local dealer Mobility Solutions Auto Trade Co (MSTC) in September last year. The BYD Dolphin is a compact car, the first production model based on the BYD e-Platform 3.0.

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Audi predicts headwinds from chip shortage to last through 2023

Teslarati

Audi dealers have noted that the inventory problems they have been experiencing may not end until next year. These challenges remain as the German automaker struggles to procure enough microchips to keep its vehicle production going, according to an executive. Sales were also down 35% in the first quarter to 35,505 units.

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ACMA Automechanika New Delhi 2024 draws over 500 exhibitors | Autocar Professional

Baua Electric

Over 100 new exhibitors, four country pavilions With more than 100 new entrants in this year’s event, it will feature an extensive, innovative and technologically advanced product showcase from the industry. The growth of vehicle sales is a clear indicator of growth for the auto components and aftermarket industry.

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Events and shows related to electric vehicles in 2023 around the world

Electric Vehicles India

Battery Show Europe is held annually and features product presentations, pre-conference workshops, and more. The largest EV conference of the world leader in electric mobility. You can see attendees from national and international players presenting their technologies and products to stakeholders.